Madison bell ringer takes off with donation kettle, arrested for theft
Opec cut throws wrench into record oil short-selling streak
United States unemployment rate flat at 3.7 pct in November
Scuffles and tear gas as riot police clamp down on Paris protest
Marlboro maker places $1.8 billion bet on marijuana
NCBA Welcomes USMCA Signing; Will Work with Congress to Secure Passage
04 December 2018, 12:30 | Kelvin Horton
Trump says he'll be 'formally terminating NAFTA shortly' in a move that puts pressure on Congress
"It's disappointing but not surprising" that the US president would try to force Congress to reinstate the status quo of #NAFTA, instead of working constructively with Congress to improve his proposed agreement, Henry Connelly, a spokesman for House Democratic leader Nancy Pelosi, said on Twitter Sunday morning.
A 2016 congressional research report said there is a debate over whether a president can withdraw from a trade deal without the consent of Congress, and there is no historical precedent for the unilateral withdrawal from an free trade deal by a president that had been approved by Congress. "Without major improvements, this supposed overhaul will prove to be nothing more than a rebranded corporate handout".
Pelosi, who is expected to take the role of House Speaker in January, has repeatedly expressed deep concerns over the deal's enforceability.
Trump, who is facing mounting political challenges at home, made his remarks to reporters as he prepared to return to the USA after the G-20 Summit in Bueno Ares.
And he rejects President Trump's contention their new trade agreement is final. "It's NAFTA 2.0", Warren told a luncheon audience last week during a foreign policy speech in Washington.
The expiration of the United States' participation in this trade deal, according to the President, will happen in a short period of time, although as part of the agreement, countries must give a six month notice prior to their withdrawal.
"For these reasons, I oppose NAFTA 2.0, and will vote against it in the Senate unless President Trump reopens the agreement and produces a better deal for America's working families". The U.S. does about a $1 trillion worth of business each year with the two countries, and Canada (second) and Mexico (third) are America's most significant trade partners.
What has Congress said about this?
In a blog entry posted shortly after the agreement was signed Friday, Cato Institute trade analyst Simon Lester appeared to anticipate Trump's move - although he acknowledged it would have made a lot more sense if the Republicans still had control of Congress.
Countdown to Mars: NASA sweating 'seven minutes of terror'
PALCA: Even though they can't do anything to help InSight as it descends, mission managers should be able to watch its progress. The landing will take place on a giant volcanic plain called Elysium Planitia - Curiosity is now to the north of this location.
How to watch the 2018 Ballon d'Or online, TV
With five Ballon d'Ors each, their domination began in 2008 with the Portuguese attacker winning as a Manchester United player . The pair have won an incredible five awards each, with Ronaldo equalling Messi's tally a year ago .